Premium Technician / Processing
City based Insurance and Reinsurance Specialist have a 3 - 4 month contract for an Insurance Processing Technician to join a busy team!
About the Role:
Assist with and to provide administrative, processing and document production support in respect of the Overseas offices on behalf of Processing Services and to provide such support to the MGA and other Overseas Offices as required.
·To complete the technical premium processing for the Overseas Offices risks bound.
·Obtaining information and documents from Placing Brokers and Underwriters
·Populating ER for all new/renewal policies and processing all endorsements.
·MRC Slips and Premium Processing
·Check for anomolies and speak with brokers and underwriters
·Ensure compliance with all legal and Regulatory requirements including TCF and Contract Certainty.
·Creating client documentation including Evidence of Covers, debit notes and credit notes and sending these to Placing brokers as required.
·Responsibility for the preparation and submission of London Market Insurance documentation including submission of LPANs and supporting documents to Xchanging via the Insurance Market Repository.
·Monitor signings received from Xchanging and resolve queries raised.
·Record and maintain work spreadsheet to track processing position.
·Provide updates and progress reports to management.
·Responsibility for the accuracy of data and carrying out peer review within the team
·Assist with any cash reconciliation issues and cash release.